Roth Capital Reiterates Rating on Fervo Energy Company $FRVO
Key Points
- Roth Capital now rates Fervo Energy Company ($FRVO) "buy" with a $45.00 target.
- The Street's average $FRVO price target is $45.60 (Buy).
- $FRVO last traded around $35.19.
Roth Capital reiterated its rating on Fervo Energy Company ($FRVO) to a "buy" rating, with a price target of $45.00 in a recent research note.
Fervo Energy Company ($FRVO) Stock
Fervo Energy Company Earnings
Analysts Set New Price Targets
About Fervo Energy Company
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency. The company was incorporated in 2017 and is headquartered in Houston, Texas.
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